Multi Family at 227 Common St, Watertown MA 02472, Watertown
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26 photos

$1,150,000

227 Common St, Watertown MA 02472
Watertown, MA 02472
Listed by Jacob Zapata
Bedrooms
4
Bathrooms
2
Living area
2,150 sqft
Year built
1915

About this home

Classic Watertown two-family in a desirable neighborhood near the Belmont line! This well-maintained property offers two spacious units, each featuring two bedrooms, a full bath, living room, formal dining room with charming built-ins, and hardwood floors. The second-floor unit offers additional flexibility with a finished third-floor area featuring a family room and bonus room, complete with electric heat and air conditioning. Enjoy inviting front and rear porches, including an enclosed three-season porch with windows and screens, plus a private backyard with sprinkler system. Additional highlights include updated mechanical systems, a full basement with laundry and storage, a detached two-car garage, and ample driveway parking. Ideal for an owner-occupant looking to enjoy the upper-level living space while generating rental income from the first floor, or an investor seeking a solid multifamily opportunity. Conveniently located near Watertown High School, Oakley Country Club, Watertown Square, Arsenal Yards, the Charles River, and commuter routes to Cambridge and Boston.

Property details

MLS
MLS Property Information Network
MLS #
73589593
Property type
Multi Family
Subdivision
N/A
Status
Active
Days on market
8
On market date
October 7, 2026
Stories
3
Total bathrooms
2
Garage spaces
2
Parking spaces
6
Lot size
0.12 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
James Russell Lowell
0.35 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
359
Student:teacher ratio
8.3:1
District
Watertown
Middle
Watertown Middle
0.78 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
531
Student:teacher ratio
9.8:1
District
Watertown
High
Watertown High
0.4 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
705
Student:teacher ratio
9.5:1
District
Watertown

Walkability

Blended score for Watertown's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

73
Walkable
out of 100
EPA National Walkability Index
11.0 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores8
Parks18
Schools20
Transit stops20
Pharmacies4

Market position

How this listing compares to current activity in Watertown, from live MLS data.

On the market 8 days -- 73 fewer days than Watertown's current average of 81 days.
For reference, the median list price across 351 active listings in Watertown right now is $6,000.

Mortgage calculator

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Est. monthly payment
$7,075/mo
$230,000 down
$920,000 loan
Principal & interest$5,967
Property tax (est.)$958
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 1 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.